Also, they can float the poor performers with short-term cash injections or other good performers.

If you really know how to manage real estate, it may be a good idea to start off with properties like this until you build your nest egg to acquire better properties, but proceed with caution when buying in these areas, and don't expect the properties to perform as well as the pro forma states it will.

Here is what you need to be able to classify yourself as a Real Estate Professional.Note: I have 20 rental houses, rehab and flip houses have a Vrbo Lake house that I manage and I am can't classify myself as a Real Estate Professional because I have a day job.According to the IRS, to qualify for REPS you must meet both of the following conditions:More than one-half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.

I never judge an area based on first year performance, it is expected that first year performance will be rough as you try to establish your Airbnb account and gain reviews and deal with costly upfront expenses.

After 2 years of hiding things, the GP and Syndicator tells Investors that the property is not performing and only 60% occupied and banks are after to foreclose.

The toughest tasks are obtaining the carrier appointments and the staff to service the accounts which can be avoided if you purchase/partner in an agency versus starting a new one. 

The medic was in view the entire time and performed no safety/decon procedures to ensure there was no possibility of transmission from the reporter to the next guy.

It's easy to forget it when your everyday at the front of the battle line trying to mett numbers & goals while still completing all of your daily Key Tasks!

I agree with others, install a high performance bath fan since this is an going problem.  

Also, the labor partners just didn't perform as we expected them to.